In europe. European stocks hitting a 20 bounce up from the bear market in 2020. A little bit of selling on the bond market as growth questions continue and Oil Takes Another leg lower. Lets get right to the bank numbers. Jp morgan shares up by about 2 . They reported blowout fixed income and trading revenue. With us now is Alison Williams is sonali basak. Sonali provisions for loan losses are really skyrocketing here, more than 8 billion expected. A lot of it is coming from the consumer business, where those provisions are more than 5 billion. On the other end of the loan but, we are expecting lower Net Interest Income this year. Also, as one would expect with lower interest rates, that would come into about 55 billion, lower than the 57 billion dollars initially estimated. On the bright side, we saw Net Interest Income for the quarter come in pretty healthy, and fixed income revenue beat by almost 1 billion. Trading was able to hold up. The question is, wasnt able to hold up well in a
hello and welcome to our viewers joining us here in the united states and all around the world. you re watching cnn newsroom, and i m rosemary church. just ahead, hollywood writers heading to the picket line. thousands set to go on strike, a move that will bring productions to a updated on anying halt and send shockwaves through the industry. a dire warning from america s treasury secretary, saying the country only has about a month to pay its bills or risk an economic catastrophe. plus, we ll take you to a small island that s part of taiwan, but just four miles from china s border and almost totally defenseless against china s navy. live from cnn center, this is cnn newsroom with rosemary church. good to have you with us. and we begin in hollywood, where television and film writers are going on strike, a move that will very likely shut down most tv and film productions in the u.s. for the foreseeable future. the strike was announced hours ago after the writers gu
Its 10 in moscow, we continue to broadcast the morning news, heres what weve learned by this hour. Russia is ready to provide investors from china with benefits, as well as access to a unique Technological Base and highly qualified personnel. Vladimir putin stated this while speaking at the Opening Ceremony of the eighth russianchinese expo in harbeni. Today is the final day of the president s state visit to china. A series of powerful explosions rang out that night in several regions of ukraine, including the central ones. Impacts recorded in poltava, vinnitsa and kharkov regions. Air raid alert was announced throughout the country repeatedly. The United States will not send military instructors to ukraine, pentana reported. Kiev asked washington for help in preparing a recruit, but as the New York Times writes, this is it. Russia is putting military satellites into lowearth orbit. The rockets launch took place shortly after midnight today. Soyuz began its flight from the countrys nor
According to the official version, colonel, you know me, but thats why im warning you, because i know you, so that everything goes quietly, calmly, without firing, without noise, the staff shouldnt know anything at all, so as not to cause panic, thats all got it, come on, do it. What kind of shishi . The question is certainly interesting, but you will have to answer it, grigor gavrilovich, of course, that means you will have to master the budget, well, i mean, what is getting out of hand in this department, what vulgarity, reports , calculations, checks, my god, maybe, maybe, maybe i should start operating, because im a surgeon, and youre the caretaker, i am, yes, and im a surgeon, yes, and youre the supply manager, the supply manager, and im a surgeon, i understand. Grigory gavrilovich, yes, there is a procedural smell of harry, well, i have nothing to do with it, well , now after the optimization of the person responsible for fire safety, yes, like me, or maybe there is nothing there
Welcome to asia, where the heart of the continent beats. We continue the release; at this moment the program of the second day of the state visit begins in harbin. The president arrived in the city after a stay in beijing; a busy program awaits him, including participation in the opening of the russianchinese expo, which will include a forum on interregional cooperation between the two countries. Our own correspondent, alexander baletsky, works in harbin, he is in direct contact with the studio, greetings, we are waiting for details, thats right you absolutely said that the russian president s program today is full. This is the second day of the state visit to china, which continues today in the city of harbin, the largest city in northeastern china, which in russia, of course, is well known, absolutely everyone is sure, first of all, of course, because it was founded was at the beginning of the 20th century precisely russian, as a station of the chineseeastern railway, which in turn c